AFPKenyans transacted 6.59 trillion shillings ($51b) on mobile money in 2024, recording a 17-per cent decline from $61.5b in the previous year, the Central Bank of Kenya (CBK) said Monday, underlining ...

Mobile money has continued to redefine Africa’s financial landscape, growing from a regional innovation to a cornerstone of economic activity. In 2023, the mobile money market reached $674.8 ...

The number of registered mobile money accounts hit a new record of 80.82 million in the 10 months to October last year ...

In Africa, where physical infrastructure remains a challenge in many regions, mobile telecommunication companies have increasingly evolved into fintech and financial services, particularly with ...

In November 2024 and December 2024, the total value of mobile money transactions stood at GH¢316.4 billion and GH¢334.8 billion cedis respectively.

The latest data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that licensed mobile money operators including Palmpay, ...

Airtel Africa has announced a profit after tax of $248 million approximately N190.4 billion, for the nine-month period ending ...